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Level 3
March 6, 2023

My client lives on a house boat which is their primary residence. Can the interest on the boat payments be deducted as mortgage interest?

  • March 6, 2023
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1 reply

itonewbie
Level 15
March 6, 2023

If it meets all the conditions, such as the boat being your client's "qualified residence" as defined under §163(h)(4), the mortgage being secured by the home, etc.

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